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Old 09-07-2022, 09:33 PM   #1
garysanfran
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Originally Posted by bman60 View Post
Would anyone know if The Breeze will honor a gift card for the Lions Den? We will be staying in the area this weekend for concert and would like to use it. Thanks for any info!


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Usually outstanding gift cards are considered a contingent liability on a business balance sheet. Buying a business usually includes those obligations.

I'd call them and ask.
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Old 09-08-2022, 07:56 AM   #2
joey2665
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Originally Posted by garysanfran View Post
Usually outstanding gift cards are considered a contingent liability on a business balance sheet. Buying a business usually includes those obligations.

I'd call them and ask.
That really isn’t true. Most times when a business is sold it’s just the assets not the liabilities. I this case the “business” wasn’t sold, Lyons den’s location was taken over by the Breeze and certain assets such as equipment were purchased.


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